John Deere 2011 Annual Report Download - page 55

31. SUPPLEMENTAL CONSOLIDATING DATA (continued)
BALANCE SHEET
As of October 31, 2011 and 2010
(In millions of dollars except per share amounts)
EQUIPMENT OPERATIONS* FINANCIAL SERVICES
2011 2010 2011 2010
_________ _________ _________ _________
ASSETS
Cash and cash equivalents.................................................................................... $ 3,187.5 $ 3,348.3 $ 459.7 $ 442.3
Marketable securities ........................................................................................... 502.6 284.7 227.9
Receivables from unconsolidated subsidiaries and affiliates .................................... 1,713.4 1,712.6 1.6
Trade accounts and notes receivable - net ............................................................. 1,093.9 999.8 2,807.2 2,979.7
Financing receivables - net ................................................................................... 14.0 9.4 19,909.5 17,672.8
Financing receivables securitized - net .................................................................. 2,905.0 2,238.3
Other receivables ................................................................................................. 965.6 889.5 370.1 49.4
Equipment on operating leases - net ..................................................................... 2,150.0 1,936.2
Inventories ........................................................................................................... 4,370.6 3,063.0
Property and equipment - net ............................................................................... 4,287.5 3,722.4 64.9 68.3
Investments in unconsolidated subsidiaries and affiliates ........................................ 3,473.9 3,420.2 8.1 7.0
Goodwill ............................................................................................................... 999.8 998.6
Other intangible assets - net ................................................................................. 123.4 113.0 4.0 4.0
Retirement benefits .............................................................................................. 29.6 145.8 28.0 31.4
Deferred income taxes .......................................................................................... 3,052.8 2,7 3 7.1 91.2 103.2
Other assets ......................................................................................................... 468.6 381.2 712.6 812.9
Assets held for sale .............................................................................................. 931.4
Total Assets ....................................................................................................... $ 24,283.2 $ 21,540.9 $ 29,795.0 $ 27,506.4
LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES
Short-term borrowings .......................................................................................... $ 528.5 $ 85.0 $ 6,323.8 $ 5,240.7
Short-term securitization borrowings ..................................................................... 2,777.4 2,208.8
Payables to unconsolidated subsidiaries and affiliates ............................................ 117.7 205.2 1,665.5 1,673.7
Accounts payable and accrued expenses ............................................................... 6,869.3 5,75 7.1 1, 5 47. 8 1,253.3
Deferred income taxes .......................................................................................... 99.0 92.0 354.7 415.5
Long-term borrowings .......................................................................................... 3,16 7.1 3,328.6 13,792.8 13,485.9
Retirement benefits and other liabilities ................................................................. 6,686.7 5,771.6 52.6 43.8
Total liabilities .......................................................................................... 17,4 6 8.3 15,239.5 26,514.6 24,321.7
Commitments and contingencies (Note 22)
STOCKHOLDERS’ EQUITY
Common stock, $1 par value (authorized – 1,200,000,000 shares;
issued – 536,431,204 shares in 2011 and 2010), at paid-in amount ................. 3,251.7 3,106.3 1,570.6 1,722.5
Common stock in treasury, 130,361,345 shares in 2011
and 114,250,815 shares in 2010, at cost .......................................................... (7,292.8) (5,789.5)
Retained earnings ................................................................................................. 14,519.4 12,353.1 1,541.5 1,335.2
Accumulated other comprehensive income (loss):
Retirement benefits adjustment......................................................................... (4,135.4) ( 3,797.0 )
Cumulative translation adjustment ..................................................................... 453.8 436.0 164.7 143.6
Unrealized loss on derivatives ........................................................................... (8.3) (29.2) (8.3) (29.2)
Unrealized gain on investments. ........................................................................ 11.9 10.6 11.9 10.6
Accumulated other comprehensive income (loss) .......................................... (3,678.0) (3,379.6) 168.3 125.0
Total Deere & Company stockholders’ equity ......................................................... 6,800.3 6,290.3 3,280.4 3,182.7
Noncontrolling interests ........................................................................................ 14.6 11.1 2.0
Total stockholders’ equity ............................................................................. 6,814.9 6,301.4 3,280.4 3,184.7
Total Liabilities and Stockholders’ Equity ...................................................... $ 24,283.2 $ 21,540.9 $ 29,795.0 $ 27,506.4
* Deere & Company with Financial Services on the equity basis.
The supplemental consolidating data is presented for informational purposes. The “Equipment Operations” reflect the basis of consolidation described in
Note 1 to the consolidated financial statements. Transactions between the “Equipment Operations” and “Financial Services” have been eliminated to arrive at
the consolidated financial statements.
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